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Elastic goods usually have many substitutes, so changes in price will decrease demand. Inelastic goods, on the other hand, have very few substitutes, so demand isn't generally affected by price change.
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What is the difference between an inelastic collision and an elastic collision?
In an inelastic collision, kinetic energy is not conserved and some energy is lost as heat or sound. In an elastic collision, kinetic energy is conserved and no energy is lost.
What is the difference between a perfectly elastic and a perfectly inelastic demand curve in economics?
A perfectly elastic demand curve means that the quantity demanded changes infinitely with a change in price, while a perfectly inelastic demand curve means that the quantity demanded remains constant regardless of price changes.
What is elastic and inelastic collisions in terms of momentum?
In elastic collisions, both momentum and kinetic energy are conserved. This means that momentum before and after the collision is the same, and the objects bounce off each other without any loss of kinetic energy. In inelastic collisions, momentum is conserved but kinetic energy is not. Some kinetic energy is converted into other forms of energy, such as heat or sound, during the collision.
What is the difference between elastic and inelastic collisions?
Elastic Collision is the collision in which colliding objects rebound without lasting deformation or heat generation.Inelastic collision is a collision in which the colliding objects become distorted and generate heat during collision and possibly stick together.
How can you determine whether a collision is elastic or inelastic?
In an elastic collision, kinetic energy is conserved, meaning the total energy before and after the collision remains the same. In an inelastic collision, kinetic energy is not conserved, and some of the energy is transformed into other forms, such as heat or sound. To determine whether a collision is elastic or inelastic, you can calculate the total kinetic energy before and after the collision. If the total kinetic energy remains the same, it is an elastic collision. If the total kinetic energy decreases, it is an inelastic collision.
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
What will be the total higher quantity do in the elastic inelastic and unit-elastic?
The midpoint between elastic and inelastic is unit elastic
What is the difference between an inelastic collision and an elastic collision?
In an inelastic collision, kinetic energy is not conserved and some energy is lost as heat or sound. In an elastic collision, kinetic energy is conserved and no energy is lost.
What are the differences between an elastic and inelastic item?
An elastic item benefits from price decreases whereas an inelastic item does not.
What is the difference between elastic and in elastic collisions?
Elastic collision transfers more energy into motion while inelastic transfers energy into deformation of the objects. Elastic could be called more efficient transfer.
What is the difference in elastic collision and inelastic collision?
Elastic collision transfers more energy into motion while inelastic transfers energy into deformation of the objects. Elastic could be called more efficient transfer.
Is the price and demand for junk food elastic or inelastic?
elastic
Is supply for bar soap inelastic or elastic?
is soap elastic or inelastic supply
What is the difference between inelastic and elastic goods?
Elastic goods usually have many substitutes, so changes in price will decrease demand. Inelastic goods, on the other hand, have very few substitutes, so demand isn't generally affected by price change.
Is a BMW an elastic or inelastic?
elastic
Is salt an elastic or inelastic product?
Inelastic
How do you determine if a collision was elastic inelastic or perfectly inelastic?
just check momentum before and after and if they're the same then elastic if not then inelastic.
